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Same Day Delivery Market to Observe Strong Growth USD 20.36 Billion By 2027

05-29-2024 06:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Same Day Delivery Market

Same Day Delivery Market

The ๐’๐š๐ฆ๐ž ๐ƒ๐š๐ฒ ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/A07162

The global same day delivery market was valued at $5.78 billion in 2019, and is projected to reach $20.36 billion by 2027, registering a CAGR of 21.1%.

Same day delivery services are being deployed across numerous countries so as to ensure the timely delivery of products to the end users. Moreover, the demand for same day delivery services has increased due to the fact that the consumers are ready to spend any amount in order to get the product in a shorter time span. Also, due to this increased demand for quick availability of products, companies have entered into strategic alliances so as to ensure the timely delivery of products, which has also supplemented the growth of the global market.

๐“๐ก๐ž ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ฉ๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž

XPO Logistics, Inc., Jet Delivery, Inc., Aramex International Services LLC, DHL International GmbH, A1-SameDay Delivery Service, Inc., Power Link Expedite Corporation, Dropoff, Inc, FedEx Corporation, USA Couriers, Inc

Factors such as development of the e-commerce industry and increase in trading activities due to globalization provides lucrative opportunities for the growth of the same day delivery market. However, poor infrastructure & higher logistics costs and lack of control of manufacturers & retailers on logistics service are the factors that hamper the growth of the same day delivery market. Meanwhile, emergence of last mile deliveries coupled with logistics automation and cost cutting & lead time reduction due to adoption of multi-modal system are the factors that are expected to provide opportunities for the growth of the global same day delivery market in the near future.

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐ญ๐ก๐ž ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/0e870c0d7e36265973dfdae191bc12d3

Development of e-commerce industry and rise in trading activities due to globalization fuel the growth of the global same day delivery market. On the other hand, poor infrastructure, higher logistics costs, and lack of control of retailers on logistics service impede the growth to some extent. However, emergence of last mile deliveries coupled with logistics automation and cost cutting & lead time reduction due to adoption of multi-modal system are expected to create multiple opportunities in the industry.

Based on end user, the B2C segment contributed to nearly half of the total market revenue in 2019, and is anticipated to lead the trail by 2027. The same segment would also grow at the fastest CAGR of 22.8% throughout the forecast period.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

Based on region, Asia-Pacific held the major share in 2019, garnering nearly one-third of the global same day delivery market. The market across North America, on the other hand, would cite the fastest CAGR of 22.6% from 2020 to 2027. The other regions studied in the report include Europe and LAMEA.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎ'๐ซ๐ž ๐‘๐ž๐ช๐ฎ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-for-customization/A07162

Efficient and continuous services are required by customers in the goods transportation industry, which enable the operating companies to enhance their services as per the demand. This provides a lucrative growth opportunity for the market players as well as supports the market toward a positive growth.

๐Š๐„๐˜ ๐…๐ˆ๐๐ƒ๐ˆ๐๐†๐’ ๐Ž๐… ๐“๐‡๐„ ๐’๐“๐”๐ƒ๐˜

By application, the healthcare segment is expected to register a significant growth during the forecast period.

Depending on the end users, the B2C segment is anticipated to exhibit significant growth in the near future.

North America is anticipated to register the highest CAGR.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐€๐Œ๐‘ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

On-demand Logistics Market - https://www.alliedmarketresearch.com/on-demand-logistics-market-A13912

Delivery Robot Market - https://www.alliedmarketresearch.com/delivery-robot-market-A11721

Same Day Delivery Market - https://www.alliedmarketresearch.com/same-day-delivery-market-A07162

Smart Mobility Market - https://www.alliedmarketresearch.com/smart-mobility-market-A06658

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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